Samsung has for a long time experiencing some problems with the system fingerprint, as long as it works to improve this component in their smartphones and tablets, as well as trying to understand how to perform user authentication using smart hours Gear. With this purpose, Samsung acquired LoopPay.

The Korean company is trying to compete with the payment system of Apple Pay, based on wireless technology NFC. Development LoopPay allows you to pay for the old payment terminals that work with plastic cards tape. However, the user will need to purchase a special device: Case for the smartphone, say, or keychain. For payment will need to run the app on your smartphone LoopPay, and then bring a smartphone with a cover put on it (or thumb) to the terminal.

Under the new registered patents, Samsung is working on the biosignalnoy system identifier to make payments through the smart watch. The system is designed to authenticate the owner to allow him to make mobile payments directly from a wearable device. This is possible with the help of reading biosignal. The truth is not clear how long the process will take authentication.

Source: Wareable

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This week, the world’s largest international exhibition dedicated to information and telecommunication technologies CeBIT, held in Germany, Alibaba CEO Jack Ma concluded by presenting one of the new ideas. This payment system, which is used to confirm payments is not your password or even your fingerprint. Payment occurs after facial recognition. So, the creators believe will achieve a high degree of safety. According Recode, Jack Ma wants to put this project into practice by 2017.

On stage, he found among the goods published by Alibaba, souvenir stamp by clicking on the “buy”, made with the camera on your phone self and thereby confirmed the purchase. “Online payments always involve a number of difficulties. You forget your password and worry about the confidentiality of your data. Today, we demonstrate a new technology that allows in the future people will pay for their purchases online. ” Ma also said that the face recognition system will work in conjunction with the payment system Alipay, of which the company said this week.

The truth while the main question is the following: “How does the system understand where your face, and where, for example, cut paper downloaded from the site of the media image of the famous person?” I want to believe that the company will respond to the issue before the start massive theft of funds from personal accounts.

Source: DigitalTrends

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This race will never end. Whether Samsung for Apple, whether Apple for Samsung. About the confrontation of these two giants can be a wall of text to write, but today’s news concerns the acclaimed Apple Pay. Payment system, which is simply amazing and win everything in the world payment systems in general. And although so far it’s so far from the truth, as Pluto from Mercury, Samsung thinks about everything in advance. And so I bought myself LoopPay.

LoopPay – is a mobile payment system that allows you to pay for purchases with your smartphone absolutely everywhere. It uses a system of Magnetic Secure Transmission That is, it seems to be magnetic scanners collects your credit card and you pay with your phone with a credit card through a conventional payment terminal. The absence of any frills means that such a payment system is taking and will take in the future almost every store. Except those where there are no non-cash payment, cash only. And this is the main advantage of the system compared to Apple Pay. So if you – apple fanatic and next to a photograph beloved cat in a purse carry a card with the presentation, where Tim Cook waves his arms and says, “In-oh-oh-oh-on with how many companies we managed to agree! Look! “, Think about LoopPay and chill out. I recently told me about a single bank card. The service works on the same principle, only everything is stored in the smart phone and nothing extra to carry around is not necessary.

And since Samsung is not exactly breathe for success Apple, purchase payment service simply means that (maybe!) In Samsung Galaxy S6 we see your system type Apple Pay. Will the Korean company once it perenazyvat such TouchPay or LoopWiz (second generally not) is not known. But at the request of the company, the acquisition will “create user friendly, safe and reliable way to implement mobile payments.”

But the creators of the system of payment and George Will Grayling Uollner join the mobile division of Samsung. The only thing to pay for using the application, you will need an additional device CardCase. But maybe in the future Samsung will improve or that moment, or simply will invest it in the box as standard flagship.

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